Not every firm has the brand power to launch a stablecoin: Core VC
Main Idea
David Roos of Core VC believes that not every firm has the brand power to successfully launch a stablecoin, and predicts there won't be 'thousands' of stablecoins post-GENIUS.
Key Points
1. David Roos notes that stablecoin innovation has significant potential, as indicated by Bitwise data.
2. He doubts that banks will dominate the stablecoin space, similar to how Zelle operates in payments.
3. Roos mentions interest from Fortune 500 companies like Walmart and Amazon in digital wallets and crypto-native users.
4. He is also interested in digital identity as a consumer-centric protocol.
Description
Core’s David Roos says that there won’t be ‘thousands’ of stablecoins launched at once
Latest News
- Jito’s BAM upgrade set to make Solana apps richer2025-08-01 21:13:00
- Friday charts: The observer effect2025-08-01 21:09:21
- Coinbase eyes ‘Everything Exchange’ despite Q2 revenue decline2025-08-01 19:43:57
- Imagine if Figma’s IPO had Hyperliquid’s pre-launch perps2025-08-01 17:05:04
- The exchange that accidentally deleted its 17,000-Bitcoin wallet file2025-08-01 16:23:27